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Do you think America should get rid of the penny?

I don't know if many of you have heard but Canada has stopped production of the penny. This week we are starting to remove them from circulation. Since the penny costs 1.6 cents to make (I looked it up at apparently its close to the same cost in the US) it will save us around 11 million a year. Apparently prices are to be rounded down, I'm not to hopeful if that, I think they will end up rounding up. I think for Canada its a good move, do you think the same should be done in America?

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